Cheap Apartments for Rent in the Summit Park Neighborhood of Albuquerque, NM from $400 (106 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Summit Park area of Albuquerque.

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Union 505
Rent Specials
$807 - $2,069
Total Monthly Price

Total Monthly Price

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$807 - $2,069
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
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Comanche Wells
Rent Specials
$811 - $2,992
Total Monthly Price

Total Monthly Price

Base Rent
$811 - $2,992
Total Monthly Price
$811 - $2,992
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
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412 Columbia Dr SE
$999 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,075
Total Monthly Price
$999 - $1,075
1 Bedroom Apartment Available Now

412 Columbia Dr SE

412 Columbia Dr SEAlbuquerque, NM 87106
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property at 1521 Gold Ave SE

$1,200 - $1,250

1 Bedroom Rentals

Available Now

1521 Gold Ave SE

AlbuquerqueNM87106
property at 720 Truman St NE

$1,300 - $1,900

Total Monthly Price

Total Monthly Price

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$1,300 - $1,900
Total Monthly Price
$1,300 - $1,900

1 To 2 Bedroom Homes for Rent

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720 Truman St NE

AlbuquerqueNM87110
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Glo Apartments
$1,306 - $2,122
Total Monthly Price

Total Monthly Price

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$1,306 - $2,122
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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
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The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106
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417 Sycamore St SE
1 to 3 Bedroom Apartments

417 Sycamore St SE

417 Sycamore St SEAlbuquerque, NM 87106
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217 Walter St NE
Studio Apartments

217 Walter St NE

217 Walter St NEAlbuquerque, NM 87102
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Columbian Apartments
1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
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1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Summit Park, Albuquerque, NM Local Guide

Cheapest Available Summit Park Apartments for Rent

 

The cheapest available apartment rental in the Summit Park area of Albuquerque, NM is a Studio unit found at Casa Dos Santos Apartments priced from $795. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Summit Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Casa Dos Santos ApartmentsStudio 520Studio,1BA$795
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$799
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$799
The Villas at UptownStudio ClassicStudio,1BA$800
La Vida NuevaStudiosStudio,1BA$800
Union 505StudioStudio,1BA$807
Comanche WellsS1Studio,1BA$812
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR,1BA$850
Gracey's Nation - Palomas Community1 Bed, 1 Bath1BR,1BA$850
521-525 Cedar St SE1 Beds, 1 Baths1BR,1BA$945

Best Value Apartments for Rent in Summit Park, NM

As of August 19, 2026 the best value apartment in the Summit Park area is the $0.88 price per square foot 1 Beds, 1 Baths Model at 521-525 Cedar St SE in the in the Southeast Quadrant neighborhood starting from $945. The second greatest value Summit Park apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,150 with a $1.15 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Summit Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
521-525 Cedar St SE1 Beds, 1 Baths1BR,1BA$0.88
Four Seasons2br apartment corner unit2BR,1BA$1.15
Sandia Shadows2bd/2ba2BR,2BA$1.26
Nob Hill2.1.52BR,1.5BA$1.51
Marquee Village ApartmentsKaloDuo2BR,1BA$1.51
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.23
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Zodiac Apartments2BR/1.0BA2BR,1BA$1.57
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.15
412 Columbia Dr SE412 Columbia Dr SE1BR,1BA$1.54

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Summit Park, Albuquerque, NM

Ranked #120

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Summit Park, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Mexico and customized analysis for Albuquerque, New Mexico. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Summit Park Apartments

What is a cheap apartment in Summit Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Summit Park is under $945.

What is the price of a cheap apartment in Summit Park?

The cheapest apartment in Summit Park is Casa de Sierra Senior Apartments which is listed at $799, while the average apartment in Summit Park costs $1,114.

What types of apartments are the cheapest in Summit Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Summit Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

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